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ITV finalizing Hulu deal

British net would gain minority stake in web service

LONDON -- ITV is on the verge of signing an exclusive content deal with Hulu -- the online video platform co-owned by Disney, News Corp. and NBC Universal -- that it hopes will give it an edge over rivals including the BBC.

The deal would give Hulu users access to a range of exclusive ITV content and would give Britain's leading commercial network a minority stake in Hulu U.K., sources said Tuesday.